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Financial Infomercials Promise No Debt, Internet and Real Estate Riches

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By mcstylin


Infomercial Dreams & Schemes

You may have heard of Jeff Paul, Dean Graziosi, and Michelle Boudreau, each of whom are rich, successful, and star in current TV infomercials promising a world of riches to anyone who buys into their products. Infomercials currently tout that average, everyday folks like you and I can become free from mountains of debt in just a few days or so. We can also turn our computers into instant cash machines and profit off real estate by buying homes easily for pennies on the dollar. All you need to do to turn your financial life around is buy the latest book you're seeing pitched at 1 AM in the morning for just $29.95, plus a free one month membership to the "special club". Do that and you'll be a millionaire too. If you believe all this, I've got a bridge or two to sell you as well...

Ah, the informerical...It's highly entertaining yet also has the potential to take your hard earned money on the whim of promised financial success. Let's face it, if it were so easy to get rid of our debt or become rich by reading a book, wouldn't everyone be doing it, or already have done it? Wouldn't the news have reports of people using these methods to turn their lives around for the better? So far there's been no major breaking news stories like these. Obviously infomercials like the ones I'll mention here are intriguing yet also raise a lot of skepticism. The make extraordinary claims by "real people" testimonials and of course by the people selling the products themselves. But more likely than not these products are only making their creators, licensors and authors extremely rich, not you or I.

Let's take a look at 3 such infomercials promising us the good life free of financial worries.

Michelle Boudreau's Debt Rescue Video


Debt Cures

Debt Cures may offer the most realistic advice of the three products here as it gives people ways which they can escape their debt problems. It's written by a finance and debt expert, Michelle Boudreau, who discusses how her product has helped many people turn their debt situation around completely. For the most part, it's likely that the "secrets" Michelle discusses in her book aren't total secrets. Most information can be found for free on the internet these days. It's also no secret that you can reduce debt through various consolidation and debt counseling programs, so it's questionable whether this book is worth owning. However, if someone purchased this book and it's writing inspired them to get serious about their debt and start working to eliminate it, then it's probably a worthwhile investment. That said, it takes inspiration and dedication to get rid of debt, not reading a book.

Dean Graziosi Success Story

Dean Graziosi - Real Estate Millionaire?

Dean Graziosi is the author of numerous books on building wealth via acquiring real estate cheaply. He reportedly made his first real estate purchase when he was just a teenager, buying a run down apartment building in his town with no money down, then fixed it up. Dean is credited with teaching real estate investing for over 20 years now to novice real estate investors.

His latest infomercial pitches the book "Be a Real Estate Millionaire: Secret Strategies to Lifetime Wealth Today", which gives you his personal strategies for turning real estate losers into winners. Dean's book which is nearly 300 pages offers different strategies based on the five types of real estate markets. Dean prides himself on using "outside the box" thinking and risk taking when it comes to buying homes and wants to teach that to others.

Again Dean may have secrets to success, but you don't see a ton of news reports talking of people who really followed his path to success. It is true you can make big money in real estate if done right, but it involves plenty of time spent on research, deal sealing, buying and selling, which can be stressful for many people. To Dean's credit he offers weekly video blogs on his site: http://www.deangraziosi.com/

He also offers various types of help on the site including FAQ's and How To Articles on Real Estate.

Jeff Paul's Shortcuts to Internet Millions Ad

Jeff Paul - Internet Millionaire?

What you see in the video above is a typical advertising technique. This is an original infomercial for Jeff Paul's Shortcuts to Internet Millions starring Kelly Britz and Tina Milano. As you can see the main emphasis in these ads is cleavage and making lots of money. The infomercial purports to say that you don't have to be smart to make money and even these girls and their hot friends are able to do it by simply using their computers.

Jeff Paul is a guy who claims to have gone from being buried in a mountain of debt to becoming an internet millionaire success story. His product Shortcuts to Internet Millions touts that you can start building wealth quickly and easily from the comfort of your own home, by simply using a computer. Again if it were that easy, wouldn't everybody be doing it? It always will take hard work to start making money but once you do you can most likely find ways to duplicate your own success and work smarter rather than harder.

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RockBlossom profile image

RockBlossom  says:
5 months ago

Good article .. er.. "hub" you have here. (I'm still having trouble calling them "hubs" )

Donald Trump got his start buying up and flipping real estate, but that was a long time ago. In the current real estate market, that's more likely to leave you bankrupt than a millionaire.

chad  says:
5 months ago

you have to remember... Donald Trump didnt get rich overnight either. It took several years, dedication and hard work to make his first millions. anyone would understand that. In todays down market you can easily do what he did and purchase inexpensive properties, rent them until the market goes up again and then sell for profit. this type of market comes around about every 20 years and thats why you dont see articles about it all the time. DUH!!!

Martha  says:
4 months ago

Dave Ramsey offers the most practical step-by-step method to get rid of debt. He doesn't claim overnight success, either, but says that if you live a certain lifestyle (using mostly cash to pay for things), you can get out of debt EVENTUALLY (operative word). He initially recomments putting $1000 aside for small emergencies - like car repairs. However long that takes you, he next recommends you put aside, in cash, 3-6 months worth of living expensess. Then he recommends you pay minimum payments on all your credit cards EXCEPT for the one with the smallest balance - and pay that off with a vengence! Then take those payments for that card and apply it, along with the minimum payment to the next lowest balance credit card. He calls it "debt snowballinig". I'm telling you this is what works. It's not "get rich quick", but "get out of debt eventually" plan. My husband and i are doing this, and have seen our debt go down about $7000 in 2 years. That's not fast, but it's going down!

tlutar  says:
6 weeks ago

Has anyone actually tried one of these schemes to see what they are about or how or if they really work?

With an unemployed husband going from making $100,000 a year to $15,000 with unemployment benefits, and loosing everything due to the inability to pay the mortgage, car payment or bills: yes people are deperate! So all I want to hear with experience, is if these get rich infomercials are actually scams?

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